In a recent video shared via comedian Park Myung Soo‘s YouTube channel, Face Genius Cha Eun Soo, comedian-restauranteur Hong Seok Cheon (also known as Tony Hong) talked about a major health scare that ultimately led him to shut down his multiple businesses. Hong Seok Cheon | Sports Seoul Back in 2000, after coming out as gay, […]
Fearless Fund is shutting down its contested Strivers Grant program
Venture capital firm Fearless Fund and the American Alliance for Equal Rights (AAER) have entered into a settlement agreement that will see the firm shutting down its Strivers Grant program. The program, initially sponsored by Mastercard, aimed to provide $ 20,000 to small businesses owned by Black women. But Fearless Fund was sued by AAER, […]
OSOM is shutting down on Friday
Launching a phone company is a remarkably difficult — some even say foolish — thing to do. OSOM Products, which rose out of the smoldering ashes of Essential in 2020, is closing shop. Android Authority was first to report the news, after gaining access to an internal announcement from CEO Jason Keats. OSOM always had […]
a16z-backed fintech Tally, which raised $172M in funding, is shutting down after running out of cash
Tally, a nine-year-old fintech that helped consumers manage and pay off their credit card debt, has shut down, according to the company. In a LinkedIn post that was shared earlier Monday, founder and CEO Jason Brown said the “sad and difficult” decision to close Tally down was not the outcome the company had “hoped for,” […]
Why deep tech VC Driving Forces is shutting down
Sidney Scott decided to take himself out of the venture capital rat race and is now jokingly auctioning off his vests — starting at $ 500,000. The Driving Forces solo general partner announced on LinkedIn this week that he was shutting down his $ 5 million fintech and deep tech VC fund that he started […]